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Affordable Care Act Drives Up Insurance Premiums

6/25/2014 9:39AM

People enrolled in new plans under the health law are showing higher rates of serious health conditions than other insurance customers, putting pressure on insurers around the country as they prepare to propose rates for next year. WSJ's Christopher Weaver joins Simon Constable on The News Hub to discuss. Photo: Getty

This transcript has been automatically generated and may not be 100% accurate.

... the ... guess what ... life of the Affordable Care Act ... death seems enrollees in new plants on say cat with a higher rate of serious diseases than other folks ... what's the means of the service from higher premiums next via the list as Chris Weaver has this exclusive anything phishing among us thank you Brian much for being him ... aam that did great story you did this with Anna Wilde Mathews ... mm ... mm ... tell a small because I think ... I think the idea of higher premiums again Mr. something that the recent drive a lot of people ... so so this is based on claims that come in for the first three months of this year it's really early window into the ... visit of initial wave of enrollees and all for plants ... and on I among the few among ... about ... five hundred thousands ... of people who signed up for these exchanges right ... out ... of those assault doctors twenty seven percent with ideas for something serious health ... hazards diabetes like a good conditions which would include depression schizophrenia ... I'm Ma PA problems all counts of over one hundred different kinds of seven categories yes disease spread ... out that the trade is much higher the way ... the individual consumers who bought insurance on the road last year the first three of the first three months of the year ahead of the six sixty percent and ... the Justice importantly it's more than double ... the rate that people who got his hold over plans to call a grandfather plans older usually cheaper coverage if you are I hope the person ... from last year that scary going into this year ... and and how much of the of this might might be to do with with folks signing up and not having been able to get care in the past I'm not playing catch up could just be awful if to say hey now now now get tuned up is like the outcome I'd you know you haven't taken it to the cross for a loss of the fund everything wrong with at ... them and it's good for little while is this possible that said ... these conditions are serious conditions that the the ... the the federal government insurance would say protects ... ongoing health care expenses you know it's not just like a bit of broken leg or or from a distance of that you've got you've got a chronic condition or what the hell that perhaps I ... might ... add and yet that this risk that this that that the idea that you know the folks who are in these Porto for plants which were which works with still exists for very long but now that allowed for a couple years right this is the reaction to this go for cancer plans last year ... I'm in that's really a problem for the insurer is because it is to drive up the rates for the exchange to and ... that's why think of all people I'm a good candidate that sickly I'm happy about this because one of the the with the ways to push this that that ... his plans for the meantime out Affordable Care Act was oh it's given me today cost increases ... look how they might have the opposite effect well for for for these people are a business put market were this a lot of healthy people whose boosted prices are quite a lot lower this year ... and in these ... plans of the new plans attracted people who couldn't buy t shirts before because they cannot insurance to just throw them away they thought they were already sacked ... now those folks have a way to get into coverage and turned out that the Hopi people that didn't set of ... joined up in the scene will read ... them ... so it's can be very interesting to see how this a up up plays apps and that was seen on TV ... the Alps probably in about a rival to the collapse of laying out between now